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Port of Long Beach awarded $20 million for Pier Wind

The Port of Long Beach on Wednesday was awarded $20 million by the California Energy Commission to fund the ongoing development of Pier Wind,...

Panama Canal posts $5.7 bln in FY2025 revenue, transits jump 19%

The Panama Canal said revenues rose around 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, authorities said...

Trafigura secures USD3.4 billion-equivalent Syndicated Revolving Credit Facility and Term Loan Facilities

Trafigura Group Pte Ltd, a market leader in the global commodities industry, announced the closing of its new Syndicated Revolving Credit Facility and Term...

Colombia’s Ecopetrol to launch bidding for Covenas regasification project

Colombian state-run oil company Ecopetrol, opens new tab is set to launch the bidding process later this month for a regasification project at its...

Hudson Structured Capital Management announces $719 million closing of Hudson Northern Shipping Fund V LP

Hudson Structured Capital Management Ltd., an investment manager focused on alternative assets across the Transportation and Re/Insurance sectors, announced the final closing of Hudson...

BIMCO: Rate increases unlikely but USTR fees could impact 35% of key sectors’ ships

According to BIMCO Chief Shipping Analyst, Niels Rasmussen, when fees from the Office of the United States Trade Representative (USTR) targeting Chinese dominance of...

Baltic climbs to one-week high on capesize, panamax strength

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, rose to a one-week high on Wednesday,...

MOL signs MoU with NH3 and Oceania for Pilbara Ammonia Bunkering Hub

Mitsui O.S.K. Lines, Ltd., one of the world’s leading shipping companies, has become the first ocean-going shipping company to participate in the pioneering ammonia...

PPA S.A.: Implementation of a New Scholarship Program for the academic year 2025-2026

The Piraeus Port Authority S.A. (PPA) announced the implementation of a new Scholarship Program for the academic year 2025-2026. This is an initiative that...

Molgas completes full acquisition of Titan Clean Fuels

Molgas Energy Group, backed by infrastructure investor, InfraVia, has finalised the full acquisition of Titan Energy Holding, parent company of Titan Clean Fuels. The transaction,...

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Safe Bulkers announces strong results, increased dividend

Safe Bulkers, Inc., an international provider of marine drybulk transportation services, announced its unaudited financial results for the three and six-month periods ended June...

CMA CGM: Strong results driven by the Group’s agility in a volatile environment

CMA CGM reported its financial results for the second quarter of 2026, highlighting strong results driven by the Group’s agility in a volatile environment...

TOP Ships announces management estimate of net asset value of $359.2 million, a 24% increase from the previously reported NAV

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels, announced that after taking into account the June 30, 2026,...

Costamare reports results for the second quarter and six-month period ended June 30, 2026

Costamare Inc. reported unaudited financial results for the second quarter and six-month period ended June 30, 2026.

Diana Shipping urges Genco Shipping & Trading to stop misleading investors and engage in good faith negotiations

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

Oman proposes Hormuz management system with voluntary fees, source says

Oman has presented a proposal to Iran for joint regional management ​of the Strait...

Celestyal launches first Intern Conference, bringing the next generation closer to cruising and shipping

More than 80 participants have taken their first professional steps through the company’s long-standing...

Houthis say they attacked two Saudi tankers; Saudi Arabia says one ablaze in Red...

Yemen's Houthi militia attacked two Saudi Arabian oil tankers in a military operation, the...

Greek flag maintains top international quality rankings

The Greek ship registry continues to meet the highest international quality standards, consistently earning...

Three tankers carrying Saudi crude make U-turns in Red Sea after Houthi warning

Three oil tankers loaded with Saudi crude for China and India made U-turns in...

Piraeus container traffic remains resilient despite Red Sea shipping disruptions

Container traffic at the Port of Piraeus remained resilient in the first half of 2026 despite mounting disruption to global shipping caused by the...

Port of Long Beach, MARAD agree to test nuclear-powered vessels

The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...

PPA S.A. receives double distinction at the “Protagonists of the Greek Economy 2026” Awards

Piraeus Port Authority received two prestigious distinctions at the “Protagonists of the Greek Economy 2026” Awards, reaffirming its leading role in the Greek economy...

Port of Antwerp-Bruges stands firm in a challenging first half of 2026

Cargo handling declined by 2.4%, the market share of containers remained stable, and investments are bolstering the future. In the first half of 2026, Port...

PPA S.A. publishes 2025 sustainability report

PPA S.A. continues to invest systematically in the sustainable development and modernization of the Port of Piraeus by integrating Environmental, Social and Governance (ESG)...